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Get In TouchEarly Bird Education Group – Crestwood Preschool | Crestwood, KY
Crestwood Preschool Academy, Early Education
5719 West State Highway 22, Crestwood, KY, 40014, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,071 SF Early Bird Education Group – Crestwood Preschool Located at 5719 West State Hwy 22 in Crestwood, KY. This Deal Includes a Long-Term 15-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.
- Early Bird Education Group Currently Operates 30 Locations Across the United States
- This Crestwood Preschool Academy Has Served the Crestwood Area in Oldham County Since 2004
- Crestwood is Located 25 Minutes From Downtown Louisville and Less Than One Hour From Louisville International Airport (SDF)
- Long-Term 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
- 10 Elementary Feeder Schools Within a 5-Mile Radius
- Average Household Income of $162,928 and a Population of 62,589 Residents Within a 5 Mile Radius
- Oldham County is Known For Its High-Quality Schools and Academic Standards Making It a Popular Choice For Families Who Want to Live Near Louisville But in a Suburban Setting
- Prime Location Along State Highway 22 Provides Accessibility For Families Commuting to Work in Louisville or Other Surrounding Cities
- Drivers of Current Population Growth Include Clore Station Development With Over 2,000 Homes, and a New Baptist Health Hospital Part of a $250 Million Investment
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker – Lic. #260997 BoR: Scott Reid – Lic. KY #260934
Crestwood Preschool Academy, Early Education
5719 West State Highway 22, Crestwood, KY, 40014, USA
EARLY BIRD EDUCATION GROUP
Early Bird Education Group is the owner and operator of a network of high quality early childhood education schools across the United States. We strive to be the number one choice for parents and teachers in every community we serve. Early Bird was founded in February 2021 on a set of foundational beliefs. First, early childhood education, which encompasses physical, social, emotional, creative and cognitive learning, is the key to unlocking a child’s full potential.
CRESTWOOD PRESCHOOL ACADEMY
We have been providing the highest quality childcare and preschool for families in the Oldham country area since 2004. We have built our hard-earned, leading reputation of quality care and preschool in the community over decades. We did this by putting our children first and recruiting and retaining the best teachers in the industry, some of whom have been with us for over a decade. At Crestwood, our passionate staff find great pride and joy in being part of your child’s development in their early years.
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Price
$2,285,714
Cap Rate
7.00%
PREMISES
9,967 SF
RENEWAL OPTIONS
4 x 5 years Options
Lease Expiration
15 Years From Close of Escrow
Lease Type
NNN
RENTAL INCREASES
2% Annually
BROKERS
Scott Reid, ParaSell LLC
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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